In Comparison with a Floating Exchange Rate, the Effect on the Volume

question 111

Multiple Choice

In comparison with a floating exchange rate, the effect on the volume of trade in a fixed exchange rate is:

• A) highest under an indirect peg.
• B) lowest for currency unions.
• C) highest for currency unions.
• D) higher for an indirect peg than a direct peg.

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To ask for or try to obtain something from someone.

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